Monetary Policy Credibility and Exchange Rate Pass-Through /

A long-standing conjecture in macroeconomics is that recent declines in exchange rate pass-through are in part due to improved monetary policy performance. In a large sample of emerging and advanced economies, we find evidence of a strong link between exchange rate pass-through to consumer prices an...

Descrizione completa

Dettagli Bibliografici
Autore principale: Carriere-Swallow, Yan
Altri autori: Gruss, Bertrand, Magud, Nicolas, Valencia, Fabian
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/240
Accesso online:Full text available on IMF